Apple Earnings Were Spectacular. Why Its Stock Dropped.

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Apple Earnings Were Spectacular. Why Its Stock Dropped.

Barrons2021-04-30

Apple reported an insanely great March quarter, with revenues and profits far higher than expected. It exceeded expectations in every product line and in every geography. And to top things off, Apple ...

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iImba
·2021-04-30
Long term no worries
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burdess
·2021-04-30
please like and comment
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Chin Lee
·2021-04-30
i believe in u appl!!
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Yani94
·2021-04-30
Either way it’s good.
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BriBri
·2021-04-30
Good points raised...Apple is heavily reliant on its hardware business.
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Disney168
·2021-04-30
Comment?
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- MightyPooPReplying toDericPiew:
  ok
  2021-04-30
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- Nzt48Replying toDericPiew:
  Done
  2021-04-30
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- DericPiew:
  comment bak pls
  2021-04-30
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Euginelai
·2021-04-30
Please like
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HH浩
·2021-04-30
Expectation fizzle...
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天空晴朗猪游水
·2021-04-30
????
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Ashleybaby
·2021-04-30
With handphone market already saturated and aapl already beingnone of the leader, isit still worth buying? Is aapl still a growth stock?
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- ZEROHERO:
  Yes if Project Titan kicks off
  2021-05-03
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And to top things off, Apple ...</p>\n\n<a href=\"https://www.barrons.com/articles/apples-spectacular-earnings-arent-lifting-the-stock-the-worry-is-growth-51619725137?mod=RTA\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Earnings Were Spectacular. 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Why Its Stock Dropped.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apples-spectacular-earnings-arent-lifting-the-stock-the-worry-is-growth-51619725137?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple reported an insanely great March quarter, with revenues and profits far higher than expected. It exceeded expectations in every product line and in every geography. And to top things off, Apple ...</p>\n\n<a href=\"https://www.barrons.com/articles/apples-spectacular-earnings-arent-lifting-the-stock-the-worry-is-growth-51619725137?mod=RTA\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.barrons.com/articles/apples-spectacular-earnings-arent-lifting-the-stock-the-worry-is-growth-51619725137?mod=RTA","article_id":"1115694402","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1115694402","pubTimestamp":1619748326,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Apple reported an insanely great March quarter, with revenues and profits far higher than expected. ","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"苹果收入惊人。为什么它的股票下跌。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"Apple reported an insanely great March quarter, with revenues and profits far higher than expected. It exceeded expectations in every product line and in every geography. And to top things off, Apple raised its dividend by 7%, while increasing its stock repurchase plan by $90 billion.\nAt least a dozen analysts raised their targets for the stock price (ticker: AAPL) on Thursday, and every single one of them raised their earnings estimates in response to the results. Goldman Sachs analyst Rod Hall, long one of the most prominent Apple bears, threw in the towel, raising his rating to Neutral from Sell. His previous view that iPhone sales would disappoint during the pandemic was “clearly wrong,” he wrote.\nApple reported growth of 66% in iPhone sales, 70% for Macs, 79% for iPads, and 25% for Wearables, with 27% growth in Services. The company posted 56% growth in Europe, and a remarkable 88% in China.\nIt was pretty obvious heading into the quarter that estimates were too low, but the fact that the stock finished roughly unchanged on the day, with a loss of 0.1% to $133.15, no doubt has some bulls a little perplexed. One obvious question is what can Apple do as an encore?\nBernstein analyst Toni Sacconaghi called the quarter was “an absolute blowout,” but said the numbers may have been too good, creating difficult comparisons in every business category for fiscal 2022. 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He kept his rating on the stock at Market Perform.\nGoldman’s Hal conceded that he has been on the wrong side of the stock. “Not only has Apple done better than we expected on iPhone during the cycle but Mac and iPad have also materially outperformed our forecasts,” he wrote. “iPad demand is so strong that the company believes they will leave $3 billion to $4 billion of revenue on the table in [the June quarter]. With this kind of demand backlog and a very difficult re-opening forecasting environment, we are moving to the sidelines here.”\nHall, too, expects a decline at the top line in fiscal 2022.\nCowen’s Krish Sankar is more upbeat. He repeated an Outperform rating on the stock and lifted his target for the price to $180, from $153. 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For weeks now, her estimates for this year and next year have been ahead of the Street, and she thinks the consensus is now going to catch up, with strength across the portfolio, and, in particular, backlog growth for both Macs and iPads.\nHuberty said the company can increase revenue 4% in fiscal 2022 even relative to a strong performance in fiscal 2021. Growth could be 8% in fiscal 2023. She kept an Overweight rating on the stock and raised her target for the price to $161, from $158.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":103802261,"gmtCreate":1619762615653,"gmtModify":1704272020429,"author":{"id":"3573771226233818","authorId":"3573771226233818","name":"iImba","avatar":"https://static.tigerbbs.com/2253c7a4701d3d505950766c3e8c4837","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3573771226233818","authorIdStr":"3573771226233818"},"htmlText":"Long term no worries","listText":"Long term no worries","text":"Long term no worries","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103802261","repostId":1115694402,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103134090,"gmtCreate":1619754692210,"gmtModify":1704271908882,"author":{"id":"3582717601667302","authorId":"3582717601667302","name":"burdess","avatar":"https://static.tigerbbs.com/a17f2b2e5a6a0f0cee2c197cc22ac550","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582717601667302","authorIdStr":"3582717601667302"},"htmlText":"please like and comment&nbsp;","listText":"please like and comment&nbsp;","text":"please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103134090","repostId":1115694402,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103342255,"gmtCreate":1619751201777,"gmtModify":1704271850727,"author":{"id":"3573467004161906","authorId":"3573467004161906","name":"Chin Lee","avatar":"https://community-static.tradeup.com/news/61bb83d87c83c5568c3b6960d83e84c0","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3573467004161906","authorIdStr":"3573467004161906"},"htmlText":"i believe in u appl!!","listText":"i believe in u appl!!","text":"i believe in u appl!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103342255","repostId":1115694402,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103351389,"gmtCreate":1619750147941,"gmtModify":1704271831888,"author":{"id":"3578815851933102","authorId":"3578815851933102","name":"Yani94","avatar":"https://static.tigerbbs.com/574b6d895fae79decd3eed14879f3195","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578815851933102","authorIdStr":"3578815851933102"},"htmlText":"Either way it’s good.&nbsp;","listText":"Either way it’s good.&nbsp;","text":"Either way it’s good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103351389","repostId":1115694402,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103350504,"gmtCreate":1619749937708,"gmtModify":1704271828614,"author":{"id":"3581814892991688","authorId":"3581814892991688","name":"BriBri","avatar":"https://static.tigerbbs.com/a491a55c22a61b336ee95f092d522622","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581814892991688","authorIdStr":"3581814892991688"},"htmlText":"Good points&nbsp;raised...Apple is heavily reliant on its hardware business.","listText":"Good points&nbsp;raised...Apple is heavily reliant on its hardware business.","text":"Good points raised...Apple is heavily reliant on its hardware business.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103350504","repostId":1115694402,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103364026,"gmtCreate":1619748891465,"gmtModify":1704271812605,"author":{"id":"3581483862047878","authorId":"3581483862047878","name":"Disney168","avatar":"https://static.tigerbbs.com/2306a5f8d24ebd89f88132c5a8f1eeec","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3581483862047878","authorIdStr":"3581483862047878"},"htmlText":"Comment?","listText":"Comment?","text":"Comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/103364026","repostId":1115694402,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4178881,"gmtCreate":1619751278082,"gmtModify":1680786308687,"authorId":3575163551534398,"author":{"id":3575163551534398,"idStr":"3575163551534398","authorId":3575163551534398,"name":"MightyPooP","avatar":"https://static.tigerbbs.com/aec66d00ca2b1f2b75412008d93edd14","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":3572482309404214,"repliedAuthor":{"id":3572482309404214,"idStr":"3572482309404214","authorId":3572482309404214,"name":"DericPiew","avatar":"https://static.tigerbbs.com/75ccf79ff136db80eba96ff2adb91032","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":103364026,"type":1,"supId":4178561,"prevId":4178566,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":4178571,"gmtCreate":1619749137085,"gmtModify":1680786297378,"authorId":3577231591134113,"author":{"id":3577231591134113,"idStr":"3577231591134113","authorId":3577231591134113,"name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3572482309404214,"repliedAuthor":{"id":3572482309404214,"idStr":"3572482309404214","authorId":3572482309404214,"name":"DericPiew","avatar":"https://static.tigerbbs.com/75ccf79ff136db80eba96ff2adb91032","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":103364026,"type":1,"supId":4178561,"prevId":4178566,"content":"Done","text":"Done","html":"Done"},{"id":4178566,"gmtCreate":1619749076755,"gmtModify":1680786296018,"authorId":3572482309404214,"author":{"id":3572482309404214,"idStr":"3572482309404214","authorId":3572482309404214,"name":"DericPiew","avatar":"https://static.tigerbbs.com/75ccf79ff136db80eba96ff2adb91032","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103364026,"type":1,"supId":4178561,"prevId":0,"content":"comment bak <u>pls</u>","text":"comment bak <u>pls</u>","html":"comment bak <u>pls</u>"},{"id":4178561,"gmtCreate":1619749045868,"gmtModify":1680786294394,"authorId":3575163551534398,"author":{"id":3575163551534398,"idStr":"3575163551534398","authorId":3575163551534398,"name":"MightyPooP","avatar":"https://static.tigerbbs.com/aec66d00ca2b1f2b75412008d93edd14","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103364026,"type":1,"supId":0,"prevId":0,"content":"comment back <u>pls</u>","text":"comment back <u>pls</u>","html":"comment back <u>pls</u>"}],"langContent":"EN"},{"id":103365135,"gmtCreate":1619748863427,"gmtModify":1704271811457,"author":{"id":"3577190611611615","authorId":"3577190611611615","name":"Euginelai","avatar":"https://static.tigerbbs.com/f372cf5db2ff096891b722c46529864e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577190611611615","authorIdStr":"3577190611611615"},"htmlText":"&nbsp;Please like","listText":"&nbsp;Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103365135","repostId":1115694402,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103362469,"gmtCreate":1619748800451,"gmtModify":1704271810474,"author":{"id":"3582015516749888","authorId":"3582015516749888","name":"HH浩","avatar":"https://static.tigerbbs.com/2639351c97027c6f71c4d9729ef216d8","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582015516749888","authorIdStr":"3582015516749888"},"htmlText":"Expectation fizzle...","listText":"Expectation fizzle...","text":"Expectation fizzle...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103362469","repostId":1115694402,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103361671,"gmtCreate":1619748566693,"gmtModify":1704271805148,"author":{"id":"3579705220260475","authorId":"3579705220260475","name":"天空晴朗猪游水","avatar":"https://static.tigerbbs.com/a73237a1c3f3e09119626c20ce855b20","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3579705220260475","authorIdStr":"3579705220260475"},"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103361671","repostId":1115694402,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103361914,"gmtCreate":1619748553838,"gmtModify":1704271804657,"author":{"id":"3580392242166317","authorId":"3580392242166317","name":"Ashleybaby","avatar":"https://static.tigerbbs.com/93e48c5d3389df628542c85ae699a5f0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3580392242166317","authorIdStr":"3580392242166317"},"htmlText":"With handphone market already saturated and aapl already beingnone of the leader, isit still worth buying? Is aapl still a growth stock?&nbsp;","listText":"With handphone market already saturated and aapl already beingnone of the leader, isit still worth buying? Is aapl still a growth stock?&nbsp;","text":"With handphone market already saturated and aapl already beingnone of the leader, isit still worth buying? Is aapl still a growth stock?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103361914","repostId":1115694402,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4205355,"gmtCreate":1620009744506,"gmtModify":1680786719478,"authorId":3566532164444643,"author":{"id":3566532164444643,"idStr":"3566532164444643","authorId":3566532164444643,"name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.05","exceedPercentage":"93.36%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.22","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":103361914,"type":1,"supId":0,"prevId":0,"content":"Yes if Project Titan kicks off","text":"Yes if Project Titan kicks off","html":"Yes if Project Titan kicks off"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":20,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}